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Latin American airline industry to lose US$3.7 billion in 2022

RIO DE JANEIRO, BRAZIL - The airline industry in Latin America will lose US$3.7 billion in 2022, 34% less than this year when losses will amount to US$5.6 billion, and its recovery will be far behind other regions of the world, the International Air Transport Association (IATA) said Tuesday (06).

At a press conference in Boston, where IATA is holding its assembly, Peter Cerdá, the association's regional vice-president for the Americas, said that Latin America will not return to pre-pandemic levels of international travel until 2024, while domestic traffic in the region will recover . . .

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